Dear All,
Fully agree with the steps taken.
However, from my own experience with the formation of the Association in 2017, as a founder President, and the reading of the WB Apartment Ownership Act 1972 and the Byelaws, following is to be observed:
1. A Board of Managers (Governing Body) has to be constituted with 1/3 rd strength of the Association members. As there are 24 apartments, the Board will have 8 members.
However in case where a member has more than one flat/apartment, he will have only one membership/vote.
In that case the strength of the Board / GB can be less than 8: say 6.
2. The Members of the Board / GB are to be elected by the General Body in a Special meeting called for the purpose.
3. The elected Board / GB then elects the Office Bearers/ Executive Committee: essentially President, Secretary, Treasurer. You can also form a couple of sub committees, though not essential, for Housekeeping etc.
3. The Board has to ideally meet once a month. The Executive Committee any time.
4. AGM or a Special General Meeting can be called with 2 weeks notice.
At the AGM, the audited accounts are to be presented for approval.
The AGM or the SGM can take a call on maintenance rates, special projects, Corpus etc.
5. A Rules of Residence can be drawn up, with rules and passed at the AGM/SGM. This can form part of the Byelaws.
Best wishes to the Governing Body and the Executive Committee.
Regards
J K Niyogi
Block I Flat 2B.